Last weekend saw the second Korean Grand Prix. Already there are murmurs that it may be the last. Autosport are today reporting that the Korean Grand Prix organisers are seeking to renegotiate their contract with Bernie Ecclestone in order to stem their losses. Good luck with that one.

Watching the Korean Grand Prix over the weekend, it was difficult not to draw a parallel with the Turkish Grand Prix. It seems to suffer from a lot of the same problems, with an extra few problems on top just to make sure.

Istanbul Park was notorious for being in the middle of nowhere and tough to access. The Korean circuit, located at Yeongam, appears to be similarly remote. Although close to medium-sized city of Mokpo, it is several hours away from the main hub Seoul. This has been the source of some grumbles from within the F1 fraternity over the past two years.

But more striking was the emptiness of the grandstands. It did not seem quite as bad as Turkey, but it certainly was a cause for concern and a topic of conversation over the weekend. It seems as though Formula 1 has failed to capture the imagination of the Korean public.

Apparently, almost no other events take place at the circuit during the rest of the year. So it is not difficult to imagine that the facility might be struggling financially.

A lot of surprise was expressed at how little has been done to the circuit since the inaugural race last year. Even then, the circuit famously faced a race against time to even be ready to stage the race at all. In the end, it is said that corners were cut, raising concerns about the safety of the race.

Drainage was poor, the newly-laid tarmac was slippery, leading to some of the worst visibility conditions in memory. Earlier this year, Fernando Alonso said, “it remains quite shocking what we did in Korea.”

Some elements of danger have clearly not been removed in the past year. The pitlane entrance and exit are both viewed as unsafe. I had expected the pitlane exit at least to be modified following the first race, but no.

I am staggered that such a patently inadequate design to both the entrance and exit has come about. During the BBC commentary, David Coulthard joked that Hermann Tilke must have had his YTS designers working on the circuit.

Hermann Tilke has come up with a lot of goofy circuit designs, but this problem takes the biscuit. How many failed circuit designs do there need to be? You really do wonder how he has managed to be almost the only person involved in designing or redesigning Formula 1 circuits in the past 15 years, yet still manages to come out with stuff like this.

The original vision was for a city to surround part of the circuit. But none of the city appears to be in place yet. Part of the circuit is even described as a “temporary street circuit”, though quite how can you call it this when the streets themselves do not even exist yet?

The circuit itself is nothing special in terms of racing either. At least Turkey had a good circuit, with its instantly-legendary quadruple-apex Turn 8. I was also keen on the last few corners, where there was often some great wheel-to-wheel racing. Korea International Circuit has none of that.

In a way, it was a shame that the Turkish Grand Prix has ended up being dropped from the calendar (although it remains on standby to step in, just in case any more races — Bahrain, the USA or Korea — fall off the calendar). But at least Turkey managed to get seven races under their belt. Korea has two so far. Would anyone miss it if there wasn’t a third?

Still, nothing beats the spectacle of watching beautiful grand prix machines charge their way through this picturesque but intimidating circuit. It makes for a great practice or qualifying session, albeit often not a great race.

A Monaco with rain is always great fun. But it was bone dry last weekend which meant that we had to make do with a procession. Not only that, but the magic dust is fast fading away from the fairytale Brawn story and for the sake of the championship we must all hope that a major contender emerges.

Looking first at Brawn though, far from losing their advantage, they only seem to be increasing it. The cars gained a reputation for their sluggish starts after the first few races. But Rubens Barrichello got the jump on Kimi Räikkönen, despite the Ferrari being equipped with kers.

From then on, Brawn were never going to face any real difficulties. Jenson Button’s victory was further eased by the fact that Barrichello (accidentally, but usefully for Button) held up the Ferraris in 3rd and 4th due to his fading super-soft tyres.

Jenson Button was superb. Once again, from absolutely nowhere he pulled an excellent qualifying lap out of the top drawer. I confess that I thought Räikkönen had it in the bag. Button’s lap certainly confused Barrichello.

Hearing the things that Ross Brawn has to say about Jenson Button, it seems as though he is becoming an absolutely top-notch driver in front of our eyes. Stepping up to the plate, the Brit is clearly applying himself far more than he has ever done before. He says he has become “a right boring bastard“, but that is a small price to pay to become the World Champion.

For years, the potential he showed in his first year back in 2000 was not realised. In his tenth year at motorsport’s top level, we are seeing what was merely a good driver become a true great. What a pleasure to watch!

Credit, as always, must also go to the Brawn team and Mercedes. They made history at the Monaco Grand Prix, as it was the first time the same engine had won three races. An amazing statistic.

But who can we turn to in the search for a rival to this stunning team? At the start of the season it looked like it might have been Red Bull. Their Monaco form left a lot to be desired though. Their new diffuser showed little benefit in its first race, though in fairness you wouldn’t expect the new part to be all that advantageous at Monaco.

But the Red Bulls generally lacked the pace required if they want to challenge Brawn at the front. Sebastian Vettel qualified a disappointing 4th on a very low fuel level, and his first stint during the race was nothing short of a disaster. The super-soft tyres were wearing out too quickly in the first part of the race, and for some reason Vettel seemed to struggle in particular, at one point losing a massive 4.5s to Button in just one lap.

In the attempt to make up for lost time, Vettel binned it early on in his second stint. The performance rounds off a hat-trick of highly disappointing races for the hotly-tipped youngster. Vettel remains 3rd in the Championship, but with less than half the number of points that Button has accumulated.

It was again left to Mark Webber to salvage something from the race, finishing 5th. The Circuit de Monaco is a unique circuit, so this could have been a one-off for Red Bull. Surely they can’t rely on wet races to grab all their best results?

If they are not careful, the Prancing Horse will gallop past the Red Bull in the Championship. Ferrari’s performance in Monaco was very strong. The car was quick, the drivers seemed confident (with the exception of a ragged Massa during qualifying) and the reliability issues that have dogged the car were nowhere to be found. Stefano Domenicali was beaming after the race, and they must be confident that they can now rise to the challenge.

You cannot have a more contrasting fortune than that of Toyota. After snatching defeat from the jaws of victory in Bahrain, a mere two races later in Monaco they turned up with arguably the slowest car. Such radical changes in fortune do happen when the grid is as tight as it has been for the past couple of years, but John Howett will want to find the cause of the new problem if he wants the team to stay in contention.

It is quite a similar story with BMW. I can scarcely believe how bad their season is turning out to be. The only saving grace was that Toyota were even slower. BMW ran with a special message on the car marking the Mini’s 50th birthday. But their performance was no way to celebrate it, and the only time TV viewers got a good glimpse of the message was when Kubica’s sick car was unceremoniously being wheeled into the garage.

I am reluctant to say that BMW need to return to the drawing board. They turned up in Spain with practically a new car, and if anything it has made the situation worse. What a disaster from the team that sacrificed the 2008 Championship campaign in order to focus on this year.

Finally, congratulations to Giancarlo Fisichella for finishing in 9th place. I am no fan, but his performance in Monaco was stellar. For once, his experience shone through. It is particularly notable in the light of Adrian Sutil’s inability to repeat last year’s charge to the points paying positions.

McLaren boss Ron Dennis even went as far as to say that the European Grand Prix was so slick and cosy for the likes of him that it made him “ashamed to be English” because Silverstone was so poor in comparison. Moreover, he called for the government to get involved in the effort to create a British Grand Prix venue as good as the Valencia Street Circuit.

Quite why Ron Dennis expects that the government should subsidise a hugely rich sport which thrives better in Britain than it does in any other country in the world is unclear. The notion that it might ever be politically acceptable demonstrates that Ron Dennis is somewhat out of touch with reality. And the fact that he used the most boring race of the season to justify his idea suggests that he is well and truly off his rocker.

Alianora La Canta has hit on the problem that F1 currently faces in one in a post that ponders on the discrepancy between the views of those in F1′s ivory tower and the views of the fans on the ground.

I have a fairly simple theory on this; the discrepancy is evidence that F1′s business model is too heavily skewed towards the rich rather than the majority of people.

The fact is that despite the millions that have been spent by governments to ensure that the European Grand Prix in Valencia went without a hitch, fans were left disappointed on all manner of fronts.

Alarm bells began ringing pretty quickly during coverage of Friday Practice 1 when many television viewers noted that the circuit had very few landmarks with the exception of the bridge. Most sections of the circuit looked the same, lined with concrete walls all around. It looked grey and drab. Valencia Grand Prix? It might as well have been the Cumbernauld Grand Prix as far as viewers could see. (Is this the pit buliding?)

The people at FOM obviously noticed because as the weekend progressed, more and more aerial shots were used during the coverage. It was the only way viewers could see the harbour. Albert Park would have a similar problem, but they cleverly painted their walls green so that it did not look grey and dull. Hopefully this is on the list of improvements to be made for next year.

But the list of improvements must surely be a long one. There have been complaints from people who shelled out for tickets for the European Grand Prix that they couldn’t even see any of the action from the grandstands. Incredibly, this is a repeat of the problem from last year’s Japanese Grand Prix! How difficult can it be to build a grandstand facing the right direction?

Most importantly, though, the circuit was scandalously difficult to overtake on. In fact, I counted just one overtaking move all race, made by David Coulthard very early on in the race. He later tried to overtake someone else, but pathetically crashed instead.

The circuit was well hyped-up. It was meant to be great for a street circuit — wide and with run-off areas that would encourage overtaking. We were told there were at least three overtaking spots in the circuit.

This later transpired to be an out-and-out lie. Ferrari revealed that they knew that it would be very difficult to overtake. They were so certain of this that they actually based decision on Kimi Räikkönen’s engine on the basis that it was impossible to overtake. During last week’s Renault podcast, the Enstone-based team echoed Ferrari’s sentiments, revealing that their simulations too told them that it would be impossible to overtake in Valencia.

I can understand why it would be impossible to overtake on an ancient circuit like Monaco which was not built with today’s cars in mind. But the Valencia Street Circuit is practically purpose-built for modern F1 cars — at least it ought to be. And it was a complete failure.

Hermann Tilke gets a lot of stick for his circuit designs. However, we know that Tilke can design a great circuit. Just look at Istanbul Park. Shanghai International Circuit isn’t too bad either. But Valencia Street Circuit is a proper turkey. I think Hermann Tilke needs to save up some cash to buy himself a simulator of his own so that he can tell in advance, just like the teams, which designs will facilitate overtaking more than others.

What bugs me, though, is the prospect that the priority of the European Grand Prix wasn’t even the fans. We know that street circuits do not always lend themselves to the best racing. Yet, Bernie Ecclestone only seems to be interested in street circuits at the moment. The other new circuit on this year’s calendar is the Singapore Street Circuit. If you ask me, the Singapore Grand Prix has disaster written all over it, and the European Grand Prix was an ominous sign of things to come as far as I’m concerned.

All of this leads me to suspect that Bernie Ecclestone’s current priority is not to provide paying fans with some decent entertainment. But it is to provide the rich inhabitants of F1′s inner circle with some nice holiday destinations.

A couple of years ago there was a whisper that the Paul Ricard Circuit could play host to a grand prix where fans were kept out — a grand prix especially for F1′s VIPs and no-one else. The idea was widely ridiculed at the time. But you can believe that Bernie Ecclestone would actually go ahead with it.

It seems that the problem with F1 at the moment is that it doesn’t matter how bad the racing is. As long as the circuit comes equipped with superloos, that’s all the likes of Ron Dennis care about.

However, there are a few talking points coming away from the European Grand Prix and they all centre on Ferrari. I can’t work out who has got the upper hand in the championship battle between Ferrari and McLaren. But definitely think that the ball is in Ferrari’s court. It’s theirs to win or lose.

First of all, it is now crystal clear that Ferrari have gained a huge performance advantage in the engine department. This is astonishing given that there is a supposed “engine freeze” whereby development on the engine is not allowed. It looks like Ferrari have been utilising a loophole whereby they can change parts of the engine on reliability grounds.

This is demonstrated by the sheer pace of the Ferrari engines at the Valencia Street Circuit with some long straights. Through the speed trap during the race, the top five fastest drivers were all using Ferrari engines. This ranges from Sébastien Bourdais’s top speed of 313km/h down to Sutil with the fifth-fastest speed at 311km/h. It’s been the same story all weekend.

It seems clear that most other engine manufacturers have been using this loophole, albeit perhaps not quite to the same extent as the Scuderia. It is equally clear that Renault have barely lifted a finger when it comes to developing their engine this season.

You can see this in the advantage Toro Rosso now have over Red Bull. They both have an identical chassis, but Toro Rosso use a Ferrari engine and Red Bull use the Renault. Toro Rosso have moved forwards while Red Bull have moved backwards. Frank Williams said in the September 2008 edition of F1 Racing that he had heard a rumour that one of the Red Bull drivers drove a Toro Rosso and was amazed at the pace of the Ferrari engine. More and more evidence mounts that Ferrari have a major engine advantage over Renault.

You can point the finger at Ferrari if you want to (and yes, I do want to). But the fact is that Renault have failed to exploit a loophole. This is a cardinal sin in Formula 1. Renault have taken the engine freeze at face value and failed to look for the loopholes which is what every other team has done. It’s amazing to think that this is effectively the same team that bent the rules to breaking point in the mid-1990s when Michael Schumacher drove for them in the Benetton days.

At the start of the season Renault blamed their woes on aerodynamic deficiencies. But it is clear now that they are hurting more in the aero department. It would be funny if it was mainly down to aero because if anything Renault have moved forwards as the season has progressed while Red Bull are steadily sinking towards the bottom end of the grid.

However, one has to wonder if Ferrari’s ability to find so much engine pace within the bounds of the rules is so healthy. Teams are allowed to develop new engine parts on the grounds of reliability. However, as I think Keith pointed out in the liveblog for the race, Ferrari’s engines have become more unreliable if anything.

This has culminated in two spectacular engine blow-ups in two consecutive races — one for Massa in Hungary, and yesterday’s blow-up for Räikkönen. The FIA ought to be asking Ferrari some probing questions about their engine development. Why are they able to use this loophole to make their engines less reliable?

Like I say, I can’t decide if Ferrari have the upper hand or not. They clearly have the fastest car now. However, the unreliability must be a major worry. Despite not being on the pace for the past two races, Hamilton has extended his lead after both races — and it’s all because of Ferrari engines blowing up.

It’s worth pointing out that the next two races put huge strain on the engine. Spa has long, fast sections and Monza is the fastest circuit in the calendar. If any period of the year demands a reliable engine, it’s this period. Ferrari will be looking hard at their engine to make sure they don’t blow up in Belgium and Italy.

We won’t know exactly what to expect until the F1 cars arrive there. But for a street circuit it seems rather promising. For a street circuit, it is particularly fast. It is estimated that the F1 cars will reach 185mph at least four times during a fast lap. The top speed is estimated at an incredible 199mph, with an average speed of 140mph. Pretty quick for a street circuit.

The circuit is also said to be very smooth for a street circuit. In addition, the circuit is wide and has plenty of run-off area which should encourage overtaking. Alex Waters, who competes in Spanish Formula 3, said in the September 2008 edition of F1 Racing that there are three obvious overtaking spots. That is more than some circuits, like a certain other one in Spain. To demonstrate this, Waters reached as high as 6th position from a grid position of 18th before retiring. So the drivers should have no dodgy excuses for not being able to overtake!

Here are a few videos to help us get acquainted with the circuit.

First is Sidepodcast’s ‘Inside Track’ preview, which takes us on a virtual tour of the circuit.

Here is some on board footage taken from a Formula 3 car. This gives you an idea of the speed of the circuit and the amount of run-off there is.

And here is a video from the International GT Open race which was held on the circuit earlier on this year.

Keith at F1 Fanatic has collected more on-board videos and television footage of the races.

Keith also has a guide to the characteristics of the Valencia Street Circuit.

I’m looking forward to this weekend’s sessions and the liveblogs that will take place throughout the weekend will be indispensable as we come to terms with the new environment.

This isn’t the first time the Montreal surface has caused problems — but this year it came earlier. The organisers blamed this year’s problems on the evolution of the cars. But that is a poor excuse. Every year the track breaks up more and more, so the organisers should be prepared for this eventuality every year. If they can’t lay tarmac that can cope with what an F1 car will give it, they shouldn’t be holding an F1 Grand Prix.

Another point, as noted by Keith at F1Fanatic last week, is that F1 is beginning to look too fast for the tight confines of the Circuit Gilles Villeneuve. Of course, Canada isn’t the only race to be held on a street circuit — Monaco being the obvious example.

However, the Circuit de Monaco is the slowest on the calendar so the likelihood of a Robert Kubica-style horror-smash is pretty low. Meanwhile, the Albert Park circuit has plenty of space for run-off areas, gravel traps and the like.

Canada has the close, punishing walls of Monaco with the dizzying speeds of Monza. So when a car leaves the track, it can spell disaster, just as it did with Robert Kubica last year.

Another problem with the Montreal circuit is the tight space requirements. The whole circuit is built on a man-made island. As such, there is little scope for altering the circuit or increasing the run-off areas. The best the organisers could do to mitigate against another Kubica-style crash in the run-up to the hairpin was to move the wall forward in an attempt to change the angle of impact. Is that enough for today’s safety-conscious F1 standards?

In part, it is these characteristics that make the Canadian Grand Prix such an exciting event year-in, year-out. There is so much history at the circuit as well. Not many circuits stay on the calendar for 30 years running. Today the Canadian Grand Prix is significant as the only F1 event in North America, and one of just two in the Americas as a whole.

But no-one likes to see a driver involved in a big accident. It could have been so much worse for Robert Kubica who escaped uninjured, but whose feet were sticking out of the monocoque by the time the wreck came to a stand-still.

If the circuit cannot improve its standards in terms of safety and tarmac break-up, it has to be concluded that F1 has now outgrown the narrow confines of the Circuit Gilles Villeneuve. If the Canadian Grand Prix had to be dropped, it would be the ideal time to bring back the United States Grand Prix — an event that is conspicuous by its absence from the F1 calendar.